Cooper Industries could be the buyer in THRR, Here is some info
Opinion: $8 Billion Co. Cooper Industries, plc (Irelan(NYSE: CBE)
They have around 400 Million in Cash on their balance sheet and around $8 Billion in Market Cap.
Could easily shell out 100 Million, for thresher and its technologies, Tax loss carryforward to wash out taxable profits at Cooper industries and Get the Carbon Credits if any.....
9:14 AM ET 2/25/10 | PR Newswire
Thresher Industries (Pink Sheets: THRR) announced today that it has been supplying lighting components to Cooper Industries, Ltd., its previously referred to S&P 500 Conglomerate. These components are being used in a new product line of energy efficient LED light fixtures. "We are very proud to be working with Cooper Lighting, a subsidiary of Cooper Industries, on this program. The parts we supply are highly cosmetic, and function as a heat sink due to our advanced materials and high pressure casting process," said Tom Flessner, President / CEO of Thresher Industries. "Production orders were placed, and deliveries began in Q4 2009, with anticipated follow up orders to come soon to our high pressure casting Hanford facility."
About Cooper Industries
Cooper Industries, Ltd. is a global manufacturer with 2008 revenues of $6.5 billion, approximately 88 percent of which are from electrical products. Founded in 1833, Cooper's sustained level of success is attributable to a constant focus on innovation, evolving business practices while maintaining the highest ethical standards, and meeting customer needs. The Company has eight operating divisions with leading market share positions and world-class products and brands. Cooper, which has manufacturing facilities in 23 countries as of 2008, is incorporated in Bermuda with administrative headquarters in Houston, TX. For more information, visit the web site at www.cooperindustries.com. Cooper Lighting, a subsidiary of Cooper Industries, is the leading provider of innovative, high quality lighting fixtures and related products to worldwide commercial, industrial, retail, residential and utility markets. For more information, visit www.cooperlighting.com.
They have more than enough funds and clearly want this technology so they have exclusive use of it. not to mention they will continue R&D on it and improve and re-patent as needed.
AI
